Lloyd’s Syndicate Probitas 1492 to Launch Special Purpose Arrangement in 2024 September 8, 2023 Lloyd’s syndicate Probitas 1492 has announced the launch of a special purpose arrangement (SPA) for the 2024 year of account...
Hyundai and LG to Invest Another $2B into EV Battery Plant in Georgia September 8, 2023 SAVANNAH, Ga. (AP) — Hyundai Motor Group and LG Energy Solution said Thursday they will spend an additional $2 billion...
NC Bars’ Lawsuit Seeking Damages from State Over COVID Closures Can Continue September 8, 2023 RALEIGH. N.C. (AP) — Portions of a lawsuit filed by several North Carolina bars and their operators seeking financial damages...
Markets/Coverages: Carpenter Launches Update of Catastrophe Analytics Platform September 8, 2023 Guy Carpenter, the reinsurance business of Marsh McLennan, announced the launch of the next generation of its catastrophe analytics platform,...
Hamilton Insurance Group Confidentially Files for US IPO September 8, 2023 Hamilton Insurance Group said on Thursday it has confidentially filed for a U.S. initial public offering, at a time when...
Reinsurance Rates to Rise in 2024, Soften in 2025: Fitch September 8, 2023 Reinsurance rates are likely to continue to rise in 2024, though at a slower pace than in 2023, and prices...
People Moves: Fato to Assume Newly Created Vice Chair Role at AIG; Johnson Joins Insurance Quantified as Strategic Advisor September 8, 2023 Fato to Assume Newly Created Vice Chair Role at AIG Lucy Fato, executive vice president, general counsel and global head...
Oregon Workers’ Comp Costs to Drop 11th-Straight Year September 8, 2023 Oregon employers will pay on average less for workers’ compensation coverage, according to an update from the Oregon Department of...
FEMA Disaster Aid Now Available in Maine for June Flooding September 8, 2023 The Federal Emergency Management Administration (FEMA) announced that federal disaster assistance has been made available to the state of Maine...
Connecticut Farm Worker Paralyzed After Being Attacked by Bull September 8, 2023 A 59-year-old Connecticut man was seriously injured after being attacked by a bull at the farm where he was working....